Home POGO
POGO
POGO registration guidelines eased
The Anti-Money Laundering Council (AMLC) has relaxed the registration guidelines for Philippine offshore Gaming Operators (POGOs) as well as for real estate developers and brokers.
POGO tax bill passes lower house
The Philippines’ House of Representatives has passed a new bill imposing taxes on Philippine Offshore Gaming Operations (POGOs), but it will still need to be reconciled with upper house legislation before it can become law.
Record US$151 million collected in POGO taxes in 2020
Taxes collected by the Bureau of Internal Revenue (BIR) from the Philippine Offshore Gaming Operators (POGOs) increased to PHP7.18 billion (US$151 million) in 2020, despite the suspension of operations last year due to community lockdowns and the flight of many firms.
Philippines legislature working on new bill for taxing POGO workers
The Philippine House of Representatives has started considering the substitute bill to House Bill 5777 on taxing persons engaged in Philippine Offshore Gaming Operations (POGOs). House Committee on Ways and Means Chair Joey Sarte Salceda hopes the additional revenues will prove useful for the cash strapped government.
Manila exodus is real
Exodus is a strong word. The Greek term conjures up mental images of mass migration on a biblical scale and therefore shouldn’t be used lightly, yet it is hard to find a better way to describe what is happening in the Philippines right now.
“PIGO” tax rate to be set around 42.5 percent
The Philippines gaming regulator is looking to set a tax rate of 42.5 percent on GGR for land-based casinos offering online gambling - which is also known as “PIGO” (Philippines Inland Gaming Operator), according to a source close to the matter.
Large POGO at Subic Bay shuts its doors
Great Empire Gaming and Amusement Corp., one of the POGOs that had been based at Subic Bay, has shuttered its business under the Covid impact, putting a thousand Chinese out of work.
Manila property sector expects continuing POGO exodus
Manila’s property sector is bracing for the continuing exodus of Philippine Offshore Gaming Operators (POGOs) and their service providers as almost 300,000 square meters, or 17 percent, of total office space will be vacant by year-end.
More POGOs set to leave the Philippines: Domingo
The Philippine Amusement and Gaming Corporation (PAGCOR) has warned that more gaming firms could close down as a result of stringent tax rules and...
Five POGOs have closed in recent weeks
Five Philippine Offshore Casino Operators (POGOs) have closed down due to a difficult business environment caused by the Covid-19, reports Philstar.
The information comes from...
All set for the FBM slots expansion campaign in Asia
FBM has been developing its slots offer over the last three years, with operations established in Europe and North America. The company is now accelerating its slots expansion campaign in Asia
Life After POGOs – AGB Dossier
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Life After POGOs – AGB Pop-Up Forum
The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
Acquiring & Retaining iGaming Customers
In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings – Feb 2021 Edition
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Asia Gaming Briefings – Dec 2020 Edition
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.
Asia Gaming Briefings – Nov 2020 Edition
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.